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Saturday, 15 August 2026

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Economy

Euro strengthens above 1.1550 as softer US data

The EUR/USD pair edges higher to near 1.1555 during the Asian trading hours on Thursday. US Dollar (USD) softens against the Euro (EUR) on cooling tensions in the Middle East and weaker-than-expected US economic data. T…

Infantino sorry for errors but stays Fifa president

Gianni Infantino has apologised for "errors" he made in controversial plans to sell off stakes in competitions to private investors, but will remain Fifa president after receiving the backing of senior executives in a m…

Euro advances as US labor data disappoints

EUR/USD trades on the front foot near 1.1560 on Wednesday, adding around 0.2% as a weak United States (US) labor market report undermines the US Dollar (USD). The US Dollar Index (DXY) slips 0.22% toward 99.70, remainin…